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PRC again fails in Australian resources bid

China’s efforts to gain a greater stake in Australia’s resource industry suffered a new setback yesterday when a Chinese miner dropped a US$400 million bid for a controlling stake in an Australian rare earths miner.

Earlier yesterday, the Australian defense department rejected a separate Chinese investment in an outback mining venture, saying it threatened national security.

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Ball now in Ma's court on visit by Kadeer

A spokesman for Rebiya Kadeer yesterday confirmed that the exiled Uighur leader had accepted an invitation to visit Taiwan, adding that the administration of President Ma Ying-jeou (馬英九) holds the key to whether the visit will materialize.

Kadeer is more than happy to participate in the Kaohsiung Film Festival and speak to the Taiwanese public, Nury Turkel, president of the Uyghur American Association, told reporters in Washington.

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Newsflash


NATO Secretary General Jens Stoltenberg speaks during a press conference at a NATO summit in Madrid yesterday.
Photo: Reuters

NATO has for the first time singled out China as one of its strategic priorities for the next decade, warning about its growing military ambitions, confrontational rhetoric toward Taiwan and other neighbors, and increasingly close ties to Russia.

In Taipei, the Ministry of Foreign Affairs (MOFA) yesterday said it appreciates the alliance’s global vision in facing up squarely to the systemic challenges posed by China.